USA Dow, S&P end at record high as Brexit fears ease; energy climbs 2% Yomna Yasser Jul 13, 2016 0 U.S. stocks ended higher on Tuesday as fears eased over Brexit and Japan signaled more economic stimulus. "I think…
Industry & Trade China seen to become Egypt’s top 5 investors Yomna Yasser Jul 13, 2016 0 Egypt wants to become among the top five or top 10 Chinese investment destinations in the coming few years.…
forex news Yen recoups some losses, sterling firms Noha Gad Jul 13, 2016 0 The yen clawed back some of this week's losses in Asian trading on Wednesday, after it sank to 2-1/2-week lows…
World Global stocks rise as markets anticipate stimulus Noha Gad Jul 11, 2016 0 Shares rose in Europe and Asia on Monday and the safe-haven yen tumbled against the dollar after upbeat U.S. jobs…
Egypt News Ethiopia, Egypt, Sudan receive technical proposal of Renaissance Dam Yomna Yasser Jul 10, 2016 0 Egypt, Sudan and Ethiopia have received the final technical proposal from the French consultancy firm…
Industry & Trade Eni receives ‘informal’ interest for stake in Egypt’s Zohr gasfield Yomna Yasser Jul 9, 2016 0 Italian energy giant Eni has received several expressions of interest in buying a stake in Zohr, the large gasfield…
Financial Institutions Abu Dhabi eyes merger of sovereign funds Mubadala and IPIC aya salah Jun 29, 2016 0 Abu Dhabi plans to merge two of its largest sovereign investments funds as the sheikhdom pursues consolidation in…
Egypt News Britain will remain committed to the EU-Egypt association agreement: official Yomna Yasser Jun 29, 2016 0 Britain will remain committed to the EU-Egypt Association Agreement until the legal separation procedures are…
Banks EIB studies €500 mln financing for Egypt SMEs Yomna Yasser Jun 28, 2016 0 The European Investment Bank is studying the provision of €500 million ($553 million) financing to some Egyptian…
World European stocks rebound after two days of heavy losses Yomna Yasser Jun 28, 2016 0 European stocks edged higher on Tuesday after two days of heavy losses amid continued volatility on global markets…